HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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The natives currently have no real need for mining. Even with the mining jobs and reasonable levels of revenue sharing, the amount of money that will bring in is peanuts compared to what they need to achieve the living standards they want. Just look at De Beers up in Atawapiskat. That has had very little impact on the communities standard of living. Besides the natives have a steady income from the government to rely on. According to Trudeau they are even getting their drinking water problems looked after whether mining goes ahead or not.

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